The NAZ June futures are real close to 3100......that means to me that we go close to 3000 during the session.
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June Nasdaq 100 futures hit the 110-point maximum downside limit allowed for GLOBEX at 3,107.50 and June Standard & Poor's 500s slipped 24.00 points to 1,343.50.
Volume was more active than a typical Sunday night, but not overwhelming, traders said. June S&Ps roughly three times as active as a typical Sunday night, one trader said.
``We are just seeing some continuation from Friday,' one trader said.
June S&P 500s fell 88.50 points to 1,367.50 on Friday after setting an intraday low at 1,348.00. One technical analyst said June S&Ps might have difficulty retaking the April 4 low of 1,433.00 near term. Another said after Friday's session that the contract might target 1,300.00 if it broke Friday's low.
June Nasdaq 100s fell to 3,150.00 intraday on Friday and settled 367.50 points lower at 3,217.50 as the Nasdaq composite index (^IXIC - news) tumbled 9.67 percent at 3,321.29 for the day. |
